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3 years ago

1. Firms pursuing a cost-leadership strategy seek to ________.

Business

1 answer:

gtnhenbr [62]3 years ago

5 0

Answer:

1. gain a higher market share.

2. inversely proportional to each other.

Explanation:

1. By producing a product at a lower price than the competitors a company will be at an advantage and will be providing same product at a lower price. The customer will definitely go with a low price item if two items are same in value.

2. As value creation requires cost so if the cost is reduced then some of the features will have to be foregone to achieve low cost.

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John is a design engineer working at an auto manufacturer research and development department. In addition to his normal duties,

Alika [10]

Answer:

The correct answer is (a)- Parallel teams.

Explanation:

The majority of the teams in which the manager or boss assigns and directs the work of the team, normally what we see is the so-called "parallel work" in which each team member develops only one functionality planned in the scope of the project . This type of organization gives the administrator the feeling that several of the functionalities are being developed at the same time, which should ensure that the project is not delayed. Well, if we analyze this with a little more care we will see that what happens is exactly the opposite.

4 0

3 years ago

The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows fro

Sophie [7]

Answer:

Balance of payments (BOP)

Explanation:

The balance of payments is referred to details of the transaction that held between two entities either in the same country or outside the country of a particular time period.

when the transaction was done for another country, there is a deduction of credit from the balance of payment and when transaction was done for the same country then credit is added to the BOP

8 0

3 years ago

In the manufacture of 8,000 units of a product, direct materials cost incurred was $154,600, direct labor cost incurred was $84,

Ilia_Sergeevich [38]

Conversion costs are the combination of direct labor costs plus factory overhead costs. Hence, conversion costs exclude the cost of direct materials.

So, here the conversion cost = Direct labor cost + Factory overhead cost

= $ 84,000 + $ 45,500

= $ 129,500

3 0

3 years ago

On September 1, 2021, Sheffield Corp. issued a note payable to National Bank in the amount of $1460000, bearing interest at 8%,

Lisa [10]

Congratulations congratulations happy birthday happy happy ww happy birthday happy happy birthday merry Christmas happy birthday happy

3 0

3 years ago

Discuss briefly how each of the following changes would affect the natural rate of unemployment.

Mariana [72]

Answer:

a. Schools operate for the full year, so no students are looking for summer work.

This will cause that the total labor force decreases, so the natural rate of unemployment will decrease. The natural rate of unemployment includes only structural and frictional unemployment. Since no students will look for summer jobs, then frictional unemployment will decrease, therefore, total natural unemployment will decrease also.

b. The Internet lists all the jobs available in the whole country, so it is easier for job seekers to locate potential jobs.

This will help to decrease structural unemployment which will in turn decrease the natural rate of unemployment. Structural unemployment happens when an unemployed individual cannot find a job that fits his/her skills. Internet job postings will make it easier for unemployed people to find jobs that match their skills.

c. People who quit their jobs are drafted into low-wage community-service jobs.

This should reduce frictional unemployment (which reduces the natural rate of unemployment), since frictional unemployment is made up of people that quit their jobs in order to search a better job or are looking for their first job ever. If people realize that quitting their current jobs will result in them being drafted into low wage jobs, less people will quit their jobs. This doesn't mean that they will stop searching for a better, it means that they will continue searching for a better while still employed.

d. In addition to unemployment insurance, the unemployed receive a bonus for finding new jobs; the bonus is greater if the job is found in the first few weeks of search and declines with the duration of search.

This should motivate people to get any available job as quick as possible. Sometimes a person that is fired will not accept possible jobs because they consider that they can get a better job, so they decide to wait until they get the job that they want. If a bonus is given, a lot of people will be motivated to accept any new job that they can find as long as it allows them to collect the bonus. This doesn't mean that they will quit looking for their dram job or the job that they deserve, it means that they will be working while doing so. This should decrease the natural rate of unemployment.

4 0

3 years ago